Housing costs in Los Angeles?
A typical home costs
$936,800, which is 177.1% more expensive than the national average of
$338,100 and 27.7% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Los Angeles costs
$1,810 per month, which is 15.8% cheaper than the national average of
$2,150 and 27.1% cheaper than the state average of
$2,300.
Can I afford Los Angeles?
To live comfortably in Los Angeles (zip 90007), California, a minimum annual income of
$179,640 for a family, and
$56,800 for a single person is recommended.
What does A.I. say about Los Angeles?
The cost of living in 90007 Los Angeles, CA is quite high. Rent prices are some of the highest in the country, with a one-bedroom apartment averaging around $2,000 a month. Other expenses such as food, transportation and entertainment can also add up quickly. Prices for goods and services are generally higher than average compared to other parts of the country, so budgeting carefully is essential to make ends meet. However, people who live in this area get to enjoy all that Los Angeles has to offer: an exciting culture, beautiful beaches and plenty of outdoor activities to explore.